Rafael net profit of NIS 473 million for 2016

Rafael Advanced Defense Systems finished the year 2016 with a net profit of 473 million shekels, according to nrg.

A summary of the company’s financial results shows a peak in orders received from Israel and from various countries around the world, totaling NIS 10.7 billion. Rafael also noted that backlog orders recorded a record NIS 21.7 billion. About 45% of the backlog is intended for export and is spread across dozens of countries around the world – in Asia, Europe, North and South America.

Source Link: http://www.israelnationalnews.com/News/Flash.aspx/383640

Recommended For You